Although the agriculture sector has been central to Sri Lankan livelihoods and cultural identity for centuries, it has suffered in recent years from overlapping and sometimes contradictory government policies prone to changing with new political administrations.
As Sri Lanka’s largest export earner after textiles and its most significant agricultural commodity, tea remains a major economic growth contributor, despite struggling to maintain profits in a time of falling global commodities prices and rising international competition. Home to the internationally recognised and sought-after Ceylon tea, Sri...
Spanning 65,000 sq km and with a moderate climate, fertile soil and an abundant supply of groundwater, Sri Lanka has long benefitted from favourable agricultural conditions. The sector remains an economic mainstay and primary national employer. As manufacturing and industrial activities have expanded, agriculture’s position as the primary economic engine has been eroded in recent years,...
Spanning 65,000 sq km and with a moderate climate, fertile soil and an abundant supply of groundwater, Sri Lanka has long benefitted from favourable agricultural conditions. The sector remains an economic mainstay and primary national employer. As manufacturing and industrial activities have expanded, agriculture’s position as the primary economic...
Sri Lanka’s investment environment is set to become more balanced, transparent and predictable, with the elections of 2015 largely heralded as a win for inclusive governance, providing a fresh five-year mandate for an administration committed to economic revolution. As the country looks to broaden its investor base, it is hoped that policy changes and plans brought in by the new government will attract the added investment needed to help the country reach its growth goals.
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